Information notice

November 26, 2012

In order to execute company development’s midterm plan, starting 2011 Resmi Group undergoes systematic transformation into the Private Equity Group with a derived Investment Management Company into a separate organizational structure.

Board of Directors and Investment Management Company team have employed an organizational development plan and transforming in accordance with the best standards and practices of global Private Equity industry.

Please be informed of the following changes in the management of an Investment Management Company:

  • In order to execute our goals of fundraising and private equity investments as well as in order to move closer to achieving our goal of consistently applying “global best practice”, starting 01.07.2012 Mr. Timothy Russell began his duties as Resmi’s Chief Investment Officer. 
  • Timothy Russell is a New Zealander who had previously worked as a Partner in Deloitte, leading the financial advisory team in Kazakhstan and Caspian region. He is currently holding the position of an Independent Director in JSC “Kazyna Capital Management company” Board of Directors.

    He has a Cambridge University’s Master’s degree in Law (1976) and Auckland University’s Master’s degree in Business Administration (1988). Tim has significant professional experience in Private Equity as well as Investment Banking (since 1987). During 2004-2007 Tim held the position of Senior Investment Director of ANZ Banking Corporation’s Private Equity Division.

    He has also worked in one of the London’s Fund of Funds focusing on developing markets, and in the West Bank of Palestine, where he worked on the establishment of an $ 80 million SME Private Equity Fund.
  • As part of the initiative to attain excellence and increasing professionalism of the Operational Group as a subdivision of Investment Managing Company, starting 01.06.2012 Elena Litvinova began her duties as Chief Operating Officer.

    As part of her new position Elena will be leading the Operational Group (Economics Department, Organizational Development and Human Resources Department, Corporate Finances and Treasury Department, Legal Department and Information Security Department).

    Elena’s consistently professional approach to all her tasks at Resmi during the last 11 years mean she will make a significant contribution to the support and further improvement of the performance at Resmi Group.

For additional information, please do not hesitate to contact:

Zhuldyz Bazilova
+7 (727) 266 70 77 (ext. 203)
Fax: +7 (727) 2 66 74 00